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City of Massillon
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Ohio
County
Stark County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Massillon reported a net position of $6.7M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $12.5M against liabilities of $1.2M, representing a strong financial position with an assets-to-liabilities ratio of 10.71. Operating results showed a shortfall, with expenditures of $25.7M exceeding revenues of $26.9M by $499.8K. The -1.9% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.